I:8-50 Charitable Contributions: Services. Donna is an attorney who renders volunteer legal services to a Legal Aid

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I:8-50 Charitable Contributions: Services. Donna is an attorney who renders volunteer legal services to a Legal Aid Society, which provides legal advice to low-income individuals.

The Legal Aid Society is a qualified charitable organization. During the current year she spends a total of 200 hours in this volunteer work. Her regular billing rate is $350 per hour. In addition, she spends a total of $800 in out-of-pocket costs in providing these services. She receives no compensation and is not reimbursed for her out-ofpocket costs. What is Donna’s charitable contribution for the year because of these activities?

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Pearsons Federal Taxation Corporations Partnerships Estates And Trust 2023

ISBN: 9780137730391

36th Edition

Authors: KENNETH E. ANDERSON, DAVID S. HULSE, TIMOTHY J. RUPERT Richard J. Joseph LeAnn Luna

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